December 11, 2009 10:45 AM |
Posted by Shwayri, Rebecca |
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The United States Government has agreed to pay $3.4 billion to settle the Indian Trust Fund lawsuit. The suit arose from a system dating back to 1887 when Congress divided tribal lands into parcels. The parcels were assigned to individual American Indians while the remaining parcels were sold. The Interior Department manages 56 million acres of Indian Trust land. The Government handles leases on the land and distributes revenue to the American Indians. In 2009, the Government collected $298 million for 384,000 accounts. In the class action suit, the plaintiffs accused the Government of mismanaging the funds. The plaintiffs allege that they are owed far more than what they had been paid. The settlement of the Indian Trust Fund lawsuit represents an end to one of the largest and most complicated class action lawsuits in U.S. history.
A lawsuit against AT&T has been certified as a class action. The plaintiffs allege that the company could not match the speeds promised in its DSL campaign.
A class action lawsuit has been filed against Denver-based Qwest for failing to live up to its “Price for Life” guarantee on high speed internet service. The plaintiff alleges that Qwest increased the cost of his broadband service even though he signed up for the “Price for Life” promotion.